IBPS Scorecards Sent and Received
IBPS has dispatched the scorecards for bank po results and candidates have started receiving the score cards. IBPS has mentioned the marks in the following format:
1. Reasoning
2. Quantitative Aptitude
3. General Awareness
4. Computer Knowledge
5. English
6. Descriptive Paper
7. Total Weighted Standard Score (Not the total sum of above 6 – its actually reasoning + QA+ GA + computer + 1/2 english + 1/2 descriptive)
IBPS has not mentioned the rank, please mention your score in the comments, so we can arrive at a general consensus of the scores and where do you stand on the overall scores received by candidates. This will help everyone in gauging their chances of getting interview calls as per relative ranking.
Please LIKE us on Facebook to receive updates —>>>
Wondering how to prepare for interviews? Read this.
@ Raj, who scared u B.techs…. but u r passion to th banking jobs creating head ache to othr regular degree candidates. tht’s all. I agree tht core banking solutions were developed by IT professionals, but remember tht it was n’t developed by IT P.O’s. & without bank/ banking, wht core banking/ online regist. Bank needs IT professionals but not in a form of as clerks/P.O.. I also know tht B.tech is a noble qualification. & so I piety to th B.tech candidates who r ready to work in a bank as clerk/P.O. Banks r selecting IT professionals as ‘Specialist officer’ cadre & the entrance questions are prepared accordingly… so u techies compete 4 tht posts.
& more over u r degree marks & regular degree marks are far when comparing. If th banks r considering tht& increasing u % of degree (enginr) from current 55%-60% to 70%-75% to as eligiblty criteria to apply, a regular candidate don’t hve any complaint & get more opportunity to attend th interview….tht’s all.
@ rahul bhai, did u get new nobel prize from u r mom’s PU**Y??. tho mujko bhi digiye ek nobel prize….plssssss.
@ neha, majority of GOVT/ PSU jobs getting only out luck….so pray tht next bank notification will be issued aftr 3/4 months.
Source please….
dont bluff.
Bankruptcy of Lehman Brothers
Exposure to the mortgage marketLehman borrowed significant amounts to fund its investing in the years leading to its bankruptcy in 2008 , a process known as leveraging or gearing. A significant portion of this investing was in housing-related assets, making it vulnerable to a downturn in that market. One measure of this risk-taking was its leverage ratio, a measure of the ratio of assets to owners equity, which increased from approximately 24:1 in 2003 to 31:1 by 2007.[2] While generating tremendous profits during the boom, this vulnerable position meant that just a 3–4% decline in the value of its assets would entirely eliminate its book value or equity.[3] Investment banks such as Lehman were not subject to the same regulations applied to depository banks to restrict their risk-taking.[4]
In August 2007, Lehman closed its subprime lender, BNC Mortgage, eliminating 1,200 positions in 23 locations, and took a $25-million after-tax charge and a $27-million reduction in goodwill. The firm said that poor market conditions in the mortgage space “necessitated a substantial reduction in its resources and capacity in the subprime space”.[5]
[edit] Lehman’s final monthsIn 2008, Lehman faced an unprecedented loss due to the continuing subprime mortgage crisis. Lehman’s loss was apparently a result of having held on to large positions in subprime and other lower-rated mortgage tranches when securitizing the underlying mortgages. Whether Lehman did this because it was simply unable to sell the lower-rated bonds, or made a conscious decision to hold them, is unclear. In any event, huge losses accrued in lower-rated mortgage-backed securities throughout 2008. In the second fiscal quarter, Lehman reported losses of $2.8 billion and was forced to sell off $6 billion in assets.[6] In the first half of 2008 alone, Lehman stock lost 73% of its value as the credit market continued to tighten.[6] In August 2008, Lehman reported that it intended to release 6% of its work force, 1,500 people, just ahead of its third-quarter-reporting deadline in September.[6]
On August 22, 2008, shares in Lehman closed up 5% (16% for the week) on reports that the state-controlled Korea Development Bank was considering buying Lehman.[7] Most of those gains were quickly eroded as news emerged that Korea Development Bank was “facing difficulties pleasing regulators and attracting partners for the deal.”[8] It culminated on September 9, 2008, when Lehman’s shares plunged 45% to $7.79, after it was reported that the state-run South Korean firm had put talks on hold.[9]
Investor confidence continued to erode as Lehman’s stock lost roughly half its value and pushed the S&P 500 down 3.4% on September 9, 2008. The Dow Jones lost nearly 300 points the same day on investors’ concerns about the security of the bank.[10] The U.S. government did not announce any plans to assist with any possible financial crisis that emerged at Lehman.[11]
On September 10, 2008, Lehman announced a loss of $3.9 billion and their intent to sell off a majority stake in their investment-management business, which includes Neuberger Berman.[12][13] The stock slid 7% that day.[13][14]
On September 13, 2008, Timothy F. Geithner, then president of the Federal Reserve Bank of New York called a meeting on the future of Lehman, which included the possibility of an emergency liquidation of its assets.[15] Lehman reported that it had been in talks with Bank of America and Barclays for the company’s possible sale.[15] The New York Times reported on September 14, 2008, that Barclays had ended its bid to purchase all or part of Lehman and a deal to rescue the bank from liquidation collapsed.[16] It emerged subsequently that a deal had been vetoed by the Bank of England and the UK’s Financial Services Authority.[17] Leaders of major Wall Street banks continued to meet late that day to prevent the bank’s rapid failure.[16] Bank of America’s rumored involvement also appeared to end as federal regulators resisted its request for government involvement in Lehman’s sale.
Bankruptcy filing
Barclays acquired the investment banking business of Lehman Brothers in September 2008Lehman Brothers filed for Chapter 11 bankruptcy protection on September 15, 2008. According to Bloomberg, reports filed with the U.S. Bankruptcy Court, Southern District of New York (Manhattan) on September 16 indicated that JPMorgan Chase & Co. provided Lehman Brothers with a total of $138 billion in “Federal Reserve-backed advances.” The cash-advances by JPMorgan Chase were repaid by the Federal Reserve Bank of New York for $87 billion on September 15 and $51 billion on September 16.
Breakup processOn September 22, 2008, a revised proposal to sell the brokerage part of Lehman Brothers holdings of the deal, was put before the bankruptcy court, with a $1.3666 billion (£700 million) plan for Barclays to acquire the core business of Lehman Brothers (mainly Lehman’s $960 million Midtown Manhattan office skyscraper), was approved. Manhattan court bankruptcy Judge James Peck, after a 7 hour hearing, ruled: “I have to approve this transaction because it is the only available transaction. Lehman Brothers became a victim, in effect the only true icon to fall in a tsunami that has befallen the credit markets. This is the most momentous bankruptcy hearing I’ve ever sat through. It can never be deemed precedent for future cases. It’s hard for me to imagine a similar emergency.”[19]
Luc Despins, the creditors committee counsel, said: “The reason we’re not objecting is really based on the lack of a viable alternative. We did not support the transaction because there had not been enough time to properly review it.”[citation needed] In the amended agreement, Barclays would absorb $ 47.4 billion in securities and assume $ 45.5 billion in trading liabilities. Lehman’s attorney Harvey R. Miller of Weil, Gotshal & Manges, said “the purchase price for the real estate components of the deal would be $ 1.29 billion, including $960 million for Lehman’s New York headquarters and $ 330 million for two New Jersey data centers. Lehman’s original estimate valued its headquarters at $ 1.02 billion but an appraisal from CB Richard Ellis this week valued it at $900 million.”[citation needed] Further, Barclays will not acquire Lehman’s Eagle Energy unit, but will have entities known as Lehman Brothers Canada Inc, Lehman Brothers Sudamerica, Lehman Brothers Uruguay and its Private Investment Management business for high net-worth individuals. Finally, Lehman will retain $20 billion of securities assets in Lehman Brothers Inc that are not being transferred to Barclays.[20] Barclays had a potential liability of $ 2.5 billion to be paid as severance, if it chooses not to retain some Lehman employees beyond the guaranteed 90 days.[21][22]
On September 22, 2008, Nomura Holdings, Inc. announced it agreed to acquire Lehman Brothers’ franchise in the Asia Pacific region including Japan, Hong Kong and Australia.[23] The following day, Nomura announced its intentions to acquire Lehman Brothers’ investment banking and equities businesses in Europe and the Middle East. A few weeks later it was announced that conditions to the deal had been met, and the deal became legally effective on Monday, October 13.[24] In 2007, non-US subsidiaries of Lehman Brothers were responsible for over 50% of global revenue produced
Impact of bankruptcy filing
The Dow Jones closed down just over 500 points (?4.4%) on September 15, 2008, at the time the largest drop by points in a single day since the days following the attacks on September 11, 2001.[26] (This drop was subsequently exceeded by an even larger ?7.0% plunge on September 29, 2008.)
Lehman’s bankruptcy is expected to cause some depreciation in the price of commercial real estate. The prospect for Lehman’s $4.3 billion in mortgage securities getting liquidated sparked a selloff in the commercial mortgage-backed securities (CMBS) market. Additional pressure to sell securities in commercial real estate is feared as Lehman gets closer to liquidating its assets. Apartment-building investors are also expected to feel pressure to sell as Lehman unloads its debt and equity pieces of the $22 billion purchase of Archstone, the third-largest United States Real Estate Investment Trust (REIT). Archstone’s core business is the ownership and management of residential apartment buildings in major metropolitan areas of the United States. Jeffrey Spector, a real-estate analyst at UBS said that in markets with apartment buildings that compete with Archstone, “there is no question that if you need to sell assets, you will try to get ahead” of the Lehman selloff, adding “Every day that goes by there will be more pressure on pricing.”[27]
Several money funds and institutional cash funds had significant exposure to Lehman with the institutional cash fund run by The Bank of New York Mellon and the Primary Reserve Fund, a money-market fund, both falling below $1 per share, called “breaking the buck”, following losses on their holdings of Lehman assets. In a statement The Bank of New York Mellon said its fund had isolated the Lehman assets in a separate structure. It said the assets accounted for 1.13% of its fund. The drop in the Primary Reserve Fund was the first time since 1994 that a money-market fund had dropped below the $1-per-share level.
Putnam Investments, a unit of Canada’s Great-West Lifeco, shut a $12.3 billion money-market fund as it faced “significant redemption pressure” on September 17, 2008. Evergreen Investments said its parent Wachovia Corporation would “support” three Evergreen money-market funds to prevent their shares from falling.[28] This move to cover $494 million of Lehman assets in the funds also raised fears about Wachovia’s ability to raise capital.[29]
Close to 100 hedge funds used Lehman as their prime broker and relied largely on the firm for financing. In an attempt to meet their own credit needs, Lehman Brothers International routinely re-hypothecated[30] the assets of their hedge funds clients that utilized their prime brokerage services. Lehman Brothers International held close to 40 billion dollars of clients assets when it filed for Chapter 11 Bankruptcy. Of this, 22 billion had been re-hypothecated.[31] As administrators took charge of the London business and the U.S. holding company filed for bankruptcy, positions held by those hedge funds at Lehman were frozen. As a result the hedge funds are being forced to de-lever and sit on large cash balances inhibiting chances at further growth.[32] This in turn created further market dislocation and over all systemic risk, resulting in a 737 billion dollar decline in collateral outstanding in the securities lending market.[33]
In Japan, banks and insurers announced a combined 249 billion yen ($2.4 billion) in potential losses tied to the collapse of Lehman. Mizuho Trust & Banking Co. cut its profit forecast by more than half, citing 11.8 billion yen in losses on bonds and loans linked to Lehman. The Bank of Japan Governor Masaaki Shirakawa said “Most lending to Lehman Brothers was made by major Japanese banks, and their possible losses seem to be within the levels that can be covered by their profits,” adding “There is no concern that the latest events will threaten the stability of Japan’s financial system.”[34] During bankruptcy proceedings a lawyer from The Royal Bank of Scotland Group said the company is facing between $1.5 billion and $1.8 billion in claims against Lehman partially based on an unsecured guarantee from Lehman and connected to trading losses with Lehman subsidiaries, Martin Bienenstock.[35]
Lehman was a counterparty to mortgage financier Freddie Mac in unsecured lending transactions that matured on September 15, 2008. Freddie said it had not received principal payments of $1.2 billion plus accrued interest. Freddie said it had further potential exposure to Lehman of about $400 million related to the servicing of single-family home loans, including repurchasing obligations. Freddie also said it “does not know whether and to what extent it will sustain a loss relating to the transactions” and warned that “actual losses could materially exceed current estimates.” Freddie was still in the process of evaluating its exposure to Lehman and its affiliates under other business relationships.[36]
After Constellation Energy was reported to have exposure to Lehman, its stock went down 56% in the first day of trading having started at $67.87. The massive drop in stocks led to the New York Stock Exchange halting trade of Constellation. The next day, as the stock plummeted as low as $13 per share, Constellation announced it was hiring Morgan Stanley and UBS to advise it on “strategic alternatives” suggesting a buyout. While rumors suggested French power company Électricité de France would buy the company or increase its stake, Constellation ultimately agreed to a buyout by MidAmerican Energy, part of Berkshire Hathaway (headed by billionaire Warren Buffett).[37][38][39]
The Federal Agricultural Mortgage Corporation or Farmer Mac said it would have to write off $48 million in Lehman debt it owned as a result of the bankruptcy. Farmer Mac said it may not be in compliance with its minimum capital requirements at the end of September.[40]
In Hong Kong more than 43,700 individuals in the city have invested in HK$15.7 billion of “guaranteed mini-bonds” (????) from Lehman.[41][42][43] Many claim that banks and brokers mis-sold them as low-risk. Conversely, bankers note that minibonds are indeed low-risk instruments since they were backed by Lehman Brothers, which until just months before its collapse was a venerable member of Wall Street with high credit and investment ratings. The default of Lehman Brothers was a low probability event, which was totally unexpected. Indeed, many banks accepted minibonds as collateral for loans and credit facilities. Another HK$3 billion has been invested in similar like derivatives. The Hong Kong government proposed a plan to buy back the investments at their current estimated value, which will allow investors to partially recover some of their loss by the end of the year.[44] HK chief executive Donald Tsang insisted the local banks respond swiftly to the government buy-back proposal as the Monetary Authority received more than 16,000 complaints.[41][43][44] On October 17 He Guangbe, chairman of the Hong Kong Association of Banks, agreed to buy back the bonds, which will be priced using an agreed upon methodology based on its estimated current value.[45] This episode has deep repercussions on the banking industry, where misguided investor sentiments have become hostile to both wealth management products as well as the banking industry as a whole. Under intense pressure from the public, all political parties have come out in support of the investors, further fanning distrust towards the banking industry.
Neuberger BermanNeuberger Berman Inc., through its subsidiaries, primarily Neuberger Berman, LLC, is an investment-advisory firm founded in 1939 by Roy R. Neuberger and Robert Berman, to manage money for high-net-worth individuals. In the decades that followed, the firm’s growth mirrored that of the asset-management industry as a whole. In 1950, it introduced one of the first no-load mutual funds in the United States, the Guardian Fund, and also began to manage the assets of pension plans and other institutions. Historically known for its value-investing style, in the 1990s the firm began to diversify its competencies to include additional value and growth investing, across the entire capitalization spectrum, as well as new investment categories, such as international, real-estate investment trusts and high-yield investments. In addition, with the creation of a nationally and several state-chartered trust companies, the firm became able to offer trust and fiduciary services. Today the firm has approximately $130 billion in assets under management.
Neuberger Berman’s New York City headquarters on Third Avenue.In October 1999, the firm conducted an initial public offering of its shares and commenced trading on the New York Stock Exchange, under the ticker symbol “NEU”. In July 2003, shortly after the retired Mr. Neuberger’s 100th birthday, the company announced that it was in merger discussions with Lehman Brothers Holdings Inc. These discussions ultimately resulted in the firm’s acquisition by Lehman on October 31, 2003, for approximately $2.63 billion in cash and securities.
On November 20, 2006, Lehman announced its Neuberger Berman subsidiary would acquire H. A. Schupf & Co., a money-management firm targeted at wealthy individuals. Its $2.5 billion of assets would join Neuberger’s $50 billion in high-net-worth client assets under management.[46]
An article in The Wall Street Journal on September 15, 2008, announcing that Lehman Brothers Holdings filed for Chapter 11 bankruptcy protection, quoted Lehman officials regarding Neuberger Berman: “Neuberger Berman LLC and Lehman Brothers Asset Management will continue to conduct business as usual and will not be subject to the bankruptcy case of the parent company, and its portfolio management, research and operating functions remain intact. In addition, fully paid securities of customers of Neuberger Berman are segregated from the assets of Lehman Brothers and aren’t subject to the claims of Lehman Brothers Holdings’ creditors, Lehman said.”[47]
Just before the collapse of Lehman Brothers, executives at Neuberger Berman sent e-mail memos suggesting, among other things, that the Lehman Brothers’ top people forgo multi-million dollar bonuses to “send a strong message to both employees and investors that management is not shirking accountability for recent performance.”
Lehman Brothers Investment Management Director George Herbert Walker IV dismissed the proposal, going so far as to actually apologize to other members of the Lehman Brothers executive committee for the idea of bonus reduction having been suggested. He wrote, “Sorry team. I am not sure what’s in the water at Neuberger Berman. I’m embarrassed and I apologize.”[48]
[edit] Controversies[edit] Controversy of executive pay during crisisRichard Fuld, head of Lehman Brothers, faced questioning from the U.S. House of Representatives’ Committee on Oversight and Government Reform. Rep. Henry Waxman (D-CA) asked: “Your company is now bankrupt, our economy is in crisis, but you get to keep $480 million (£276 million). I have a very basic question for you, is this fair?”[49] Fuld said that he had in fact taken about $300 million (£173 million) in pay and bonuses over the past eight years.[49] Despite Fuld’s defense on his high pay, Lehman Brothers executive pay was reported to have increased significantly before filing for bankruptcy.[50] On October 17, 2008, CNBC reported that several Lehman executives, including Richard Fuld, have been subpoenaed in a case relating to securities fraud.[51]
[edit] Accounting manipulationIn March 2010, the report of Anton R. Valukas, the Bankruptcy Examiner, drew attention to the use of Repo 105 transactions to boost the bank’s apparent financial position around the date of the year-end balance sheet. The attorney general later Andrew Cuomo filed charges against the bank’s auditors Ernst & Young in December 2010, alleging that the firm “substantially assisted… a massive accounting fraud” by approving the accounting treatment.[52]
On April 12, 2010, a New York Times story revealed that Lehman had used a small company, Hudson Castle, to move a number of transactions and assets off Lehman’s books as a means of manipulating accounting numbers of Lehman’s finances and risks. One Lehman executive described Hudson Castle as an “alter ego” of Lehman. According to the story, Lehman owned one quarter of Hudson; Hudson’s board was controlled by Lehman, most Hudson staff members were former Lehman employees.[53]
[edit] Section 363 SaleOn February 22, 2011, Judge James M. Peck of the U.S. Bankruptcy Court in the Southern District of New York rejected claims by lawyers for the Lehman estate that Barclays had improperly reaped a windfall from the section 363 sale. “The sale process may have been imperfect, but it was still adequate under the exceptional circumstances of Lehman Week.”
pls explain me what is one tier ,two tier ,three tier bank
@ raj,
& those techies coming to th PSU banking sector. only bks, of job security. read this carefully. Did u ever heared th name Mr.Arun shourie? (if n’t pls search th web). The recession in US-2009 mostly favoured in INDIAN PSU. bks in tht time The central govt. was made a moove to disinvest SBI. But due to th recession whn american banks wind-up th oppositition party’s pressure th Govt mooved back from tht assignment. If in th next election, thr were no strong opposition in central govt., the union govt. (nda/upa) will move again to th disinvestment of th PSU banking. If govt. make a moove like this the majority of bank management will accept it.. bks, tht’s profitable to them… So thr is no gurantee tht will all these Nationalised banks will remain as nationalised with in th next 5-10 years…
@ raj,
& those techies coming to th PSU banking sector. only bks, of job security. read this carefully. Did u ever heared th name Mr.Arun shourie? (if n’t pls search th web). The recession in US-2009 mostly favoured in INDIAN PSU. bks in tht time The central govt. was made a moove to disinvest SBI. But due to th recession whn american banks wind-up th oppositition party’s pressure th Govt mooved back from tht assignment. If in th next election, thr were no strong opposition in central govt., the union govt. (nda/upa) will move again to th disinvestment of th PSU banking. If govt. make a moove like this the majority of bank management will accept it.. bks, tht’s profitable to them… So thr is no gurantee tht will all these Nationalised banks will remain as nationalised with in th next 5-10 years….
@ raj,
& those techies coming to th PSU banking sector. only bks, of job security. read this carefully. Did u ever heared th name Mr.Arun shourie? (if n’t pls search th web). The recession in US-2009 mostly favoured in INDIAN PSU. bks in tht time The central govt. was made a moove to disinvest SBI. But due to th recession whn american banks wind-up th oppositition party’s pressure th Govt mooved back from tht assignment. If in th next election, thr were no strong opposition in central govt., the union govt. (nda/upa) will move again to th disinvestment of th PSU banking. If govt.. make a moove like this the majority of bank management will accept it.. bks, tht’s profitable to them… So thr is no gurantee tht will all these Nationalised banks will remain as nationalised with in th next 5-10 years……
@anoop bhai tu rehne de apni bate or apni tayari kar..tu apna frustration yaha nikalte hue thak jaega or abhi to sb tuje reply kar rhe ho bad me koi nahi karega kyunki sab PO ban jaenge…fir bhi tuje karna hai to tu continue kar hum nai to agle ibps me jo clear hokar aenge wo tuje jawab denge…tu to aisa kar apni field to rehne de patrakar ban ja…roj ese news chapna..tera man bhi laga rahega…
Bki engineers ki bat to tu rehne de…hum chize bana sakte hai to uska tod bhi rakhte hai…hum chahe to east ko west or west ko east bhi prove kar sakte hai…tu kisi bhi bank k head office me chala ja waha ka chief manager ya manager tuje engineer he milega..kyunki govt. Ko bhi pata hai ki agar gode ko dodana hai to uski kaman engineer k hath me he deni hai, nai to tumare jese to gode ko bhi gadha bana doge..
Baki to tu thoda bahut samajdar lag raha hai..samaj gaya hoga..
@ Anoop I can only sympathize with you.
Because recently i have seen a Indian Coast Guard Ad for the post of Assistant Commandant
Technical branch (Electrical)
and eligibility goes like this
(i) Degree with 65% marks in aggregate in Electrical/ Tele Communication & Electronic or equivalent qualification, in any of the above discipline, reconised by All Indian Council for Technical Education (AICTE).
or
(ii) Have passed Section ‘A’ & ‘B’ of Institute of Engineers (India) Examination in any of discipline listed at sl no. (i).
or
(iii) Candidates with minimum 60% marks in M Tech and BE/B Tech.
See when it comes to B.E/B.Tech they are actually reducing the percentages. Why they do so like this? Because An engineer with less marks is more intelligent than his counterparts.
I can share something an ISRO scientist told us during his visit to our college.
Your B.E/B.Tech degree is more or less equal to (M.Sc Maths + B.Sc Physics + BBA + M.Sc Computer Science + your specialization). If you ask whether I.T people capable of doing bank jobs, the answer will be definitely yes. No person wants to work as clerk or PO after studying B.E/B.tech, but the only way you get in to banking is like this, because this is the entry level jobs. Only recently they recruit people for I.T Officers. Now IBPS announcing CWE for Specialist Officers the amount of people applying PO and Clerk will be drastically reduced.
And one more thing Bankruptcy of Lehman Brothers is not due to Indian Techies rather it is due irresponsible banking by Lehman brothers.
@ raj,
before copy pasting from wikipedia try to read it at least once, or especially th main headings. & it is sure those who don’t know th basic terms as debit credit like will never understnd wht is ‘leverage, redumption,money market, bankruptcy’ etc;. & u copy pasted, th ‘BANKRUPTCY OF LEHMAN BROTHERS’ only & not the core issue/ reason behind th US Recession-2009…ok…no problem.
I dont understand what you are saying… Can you please elaborate so that we can have healty discussion.
Arun Shourie (???? ????) (born 2 November 1941) is an Indian journalist, author, intellectual and politician. He has been an economist with the World Bank (1968–72 and 1975–77), a consultant to the Planning Commission, India, editor of the Indian Express and Times of India and a minister in the government of India (1998–2004).[2] He was awarded the Ramon Magsaysay Award in 1984. He is an agnostic.
Okay learned about him. How connect him to the current topic?
i know i just copy pasted from wiki. I just want you to do the same from which source you read about “Bankruptcy of lehman brothers due to indian techies”. Atleast if you copy paste some credible information readers of this forum will believe you
@ Anoop I know i copy pasted from wiki. I want you to do the same from where you read about “Bankruptcy of lehman brothers due to indian techies”. Atleast copy and paste some credible information so that the readers of this forum will believe you.
@ Anoop- we can only wait n pray to get interview calls..next ibps results will take 6-7 onths from now..our ibps result was declare on 12 dec n today is 1st feb…so in 40-45 days we have lots of banks vacancy…so 7-8 months is good enough to get the chance..n if somebody has to be in gov job thn he will surely be thr…i was in Delhi for 2 years n i realised tht everythng depends on destiny…so wait for ur lucky box to get open..hopefully if god has taken us to ths state he will surely help us…
hello i want to know the result date of ibps cwe clerk date
I know i copy pasted from wiki. I want you to do the same from where you read about ” Bankruptcy of lehman brothers due to indian techies”. Atleast copy paste some credible information so that readers of this forum will believe you.
we cant concerntrate on our intervw prprtion as we r more panic about our interview calls…whn will syndicate,corporation declare thr list..so tht we can get some more idea..
Question in Exam:
Define LOVE and explain in details? (16 marks)
MBA Student’s Ans:
“Love is Life..” (marks 1/2 out of 16)
Medical Student’s Ans:
“Love is Pain..” (marks 1/2 out of 16)
Engineering Student’s Ans:
Definition:
A serious disorder of Heart due to Relationship
between Men & Women that can cause Death
of 1 or Both depending on the resistance associated..!!
TYPES:
1 sided & 2 sided
AGE:
Usually occurs in teenagers,
but nowdays can be found in any age…
SYMPTOMS:
Tension
Daydreaming
Insomnia
Phone Addiction
DIAGNOSIS BY:
Diary
Photos
Mobile
TREATMENT:
Anti-LOVE therapy by Father’s Shoe
or Mother’s Sandle….
(marks 16 out of 16)
MORAL:
Don’t Play with Engineers,
they can do any thing for 16 marks… so anoop mat le panga nahi engineer kar denge thujhe nanga
Anoop(B.Com) Saw A Poster At A Police Station- Two Engineers Wanted For Rape.
Anoop- Shit Man, These Engineers Always Get The Best Jobs. lol
GOOD NEWS
Hyderabad, Jan. 30: Bank of Baroda will be hiring about 4,000 officers and clerks soon, according to its Chairman and Managing Director, Mr M. D. Mallya.
GOOD NEWS
“”Hyderabad, Jan. 30: Bank of Baroda will be hiring about 4,000 officers and clerks soon, according to its Chairman and Managing Director, Mr M. D. Mallya.””
That’s a great news…..
But can u pls tell what is the source….
@ I never told tht ‘Bankruptcy of lehman brothers due to Indian techies’, I told tht ‘recession in US due to subprime lending & our Indian emigrated techies contributed a propotionate for it’.. & we all studied ‘Archimedes principle, Le Chatelier’s principle’ in our school days, & do u still remember tht, u studied this principle in which class & in which page no.
@ neha, but I don’t think th next ibps exam for P.O is with in 6 months. bks, they hve to publish clerk exam, & in march ‘Spl. officers exam’. & ibps needs atleast two months for next notification (ibps P.O)ie; june/july. & aftr th notification they need two months for conducting th exam. ie; aug/sep-2012. & result will be published in Dec-2012. So this card will be valid till DEC-2012 & no/ less chance for P.O exam in between Jan-2012 to Sep 2012.
Hey anybody got call from corporation??
@ raj,
tht what I told u, not only in coast guard, AF, navy, BHEL, HAL,ISRO thr r lot of opportunities before u techies & all these orgn. r considering only B.tech. So they r set thr cutoff mark accordingly. But a regular graduate student thr oppurtunity confined to this banks & upsc & ssc. so when u techies r booming to banking, it creates pressure. did u ever studied the ‘Law of Demand’?
& every human is capable of doing any job. During th world war-2, the people who just know read & write were Pilots & Capt. of ships & submarine commanders. & Valentina Tereshkova was a school teacher so aftr getting proper training majority of people can do well anything. but here is th problem of opportunity lost by u techies to th regular graduates, due to u r booming.
@ tht’s not all about Arun shourie, he was th minister in NDA govt (Atal bihari ji). & he known as th father of indian disinvestment policy. He introduced a bill in th parliament in tht time, supporting th capitalist economy. telling tht to save ‘sick industries’, the Govt. must disinvest th PSU to pvt. & tried to disinvest BSNL, AI etc; sector. & aftr NDA govt. th UPA is also promoting this disinvestment policy till 2008 (showing wht NDA govt.did). But aftr th US recession th govt just hide thr Disinvestmnt policy in papers. but @ any time the next govt. will apply it again.
I already cleared P.O exam with 156 (tws)
tere ko kis maa ke laude ne mana kiya tha btech karne se….saale jub hum log raat din padh ke exam nikkalte hai ,humara iq achha hai……to kyu na jaye jaha humara man kare……koi reservation nai li bhai maine ……exam open hua tha,,,,,jiski gand me jitna guh hai utne number aaye……stop crying and try to catch engg. graduates if u can….